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Almaviva Completes Acquisition and Delisting of Almawave

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Almaviva Completes Acquisition and Delisting of Almawave

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Almawave S.p.A. ( (IT:AIW) ) has provided an announcement.

Almaviva S.p.A. has successfully concluded its voluntary public purchase offer for Almawave S.p.A., acquiring 97.91% of the company’s share capital. This acquisition allows Almaviva to delist Almawave from Euronext Growth Milan, consolidating its control and potentially impacting stakeholders by reducing public trading opportunities.

The most recent analyst rating on (IT:AIW) stock is a Buy with a EUR5.00 price target. To see the full list of analyst forecasts on Almawave S.p.A. stock, see the IT:AIW Stock Forecast page.

More about Almawave S.p.A.

Almawave S.p.A. operates in the technology sector, focusing on artificial intelligence and language processing solutions. The company provides innovative services aimed at enhancing customer interaction and data analysis, with a market focus on leveraging AI for business optimization.

Average Trading Volume: 69,705

Technical Sentiment Signal: Buy

Current Market Cap: €128.6M

Find detailed analytics on AIW stock on TipRanks’ Stock Analysis page.

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